Escape Room Business Outlook

When you re running an in person event there are many things that could go wrong.

Escape room business outlook.

The average escape room now has 6 rooms which is a dramatic change from even one or two years ago. Learn about the day to day activities of an escape room business owner the typical target market growth potential startup costs legal considerations and more. There is money to be made in escape rooms but escape rooms are not a rocket ship. We ran a survey from 17 th december 2018 to 7 th february 2019 presenting escape room owners a series of questions to gauge the state of the escape room industry.

Protecting your new escape room business and your own personal assets if you get sued. Data released this summer gives no indication that the industry is slowing down and only 2 3 of locations in the us have gone under a testament to the business model s high profit margins. Particularly when the following are involved. Near as we can tell the folks who are succeeding in the escape room business have a passion for this industry and the skills to back it up not just for business in general.

It takes skill labor and love to create and sustain a strong escape room business. Aj published this list of 20 things you should know before you open your business specifically to help potential entrepreneurs evaluate the commitment they re. This report is the outcome of that survey. In fact in our first industry report the average escape room in the us had 3 30 live rooms per location.

New locations bigger locations the country s largest escape room recently opened in l a turning this into a franchise. Escape room business outlook according to a study by room escape artist escape rooms went from around two dozen 5 years ago to over 2 000 in 2018. The average escape room has 6 rooms per location. This upward trend in escape room growth is only expected to continue to climb in 2019.

First your top priority. The breakdown of escape room locations in the us with 1 2 and 3 rooms looks like this. I can see opening three to five locations a year for the next five years. Any time you have a physical business location things can go wrong.

A majority of respondents feel that creating durable room elements that won t break easily is the most challenging aspect of creating a new escape mission. Our guide on starting an escape room business covers all the essential information to help you decide if this business is a good match for you. The meteoric growth of the escape room industry over the past 5 years is well documented.